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Terms · the vocabulary, defined

Terms

What return on investment is

Return on investment — Profit as a share of everything staked. One hundred profit on two thousand staked is five per cent.

It normalises for how much was risked, which is useful, and discards how the risk was distributed, which is where most of the information lives.

Two identical figures Five per cent from four hundred bets at short prices is a stable process. Five per cent from twelve bets including one longshot winner is a coin landing heads. Both report 5%.

Within a single strategy and price band it is genuinely comparable over time, which is its legitimate use.

That is also the expensive part. It is quoted as though comparable across strategies, and the average price that would make it interpretable is almost never printed beside it.

What to do with it. Demand return, bet count and average price together. Any one alone is decoration.

The archive

What the published price did in US sports

11,262 games in US sports that are over and carried a price when we wrote them up, between November 24, 2025 and November 6, 2026. Each count sits beside what it is out of, and the share is the one divided by the other.

WhatHow oftenOut ofShare
The shorter price won7,05810,93664.5%
The favourite covered the handicap3,3737,00348.2%
The total went over5,51811,23649.1%
The home side won6,36111,26256.5%

How they ended

Over 16,021 finished games in US sports whose result line says how it ended — the feed's own one-line verdict, not a reading of the play.

WhatHow oftenOut ofShare
Went past regulation1,21216,0217.6%
Settled on a shootout16116,0211.0%
Called before the end916,0210.1%

286 games landed exactly on the number — the handicap or the total — so they are in the counts they are out of and in neither result.

The prices counted here are DraftKings', as they stood when we last wrote each game up — one snapshot per game, near kick-off for almost all of them, and never a closing line. So this says what the published line did, not how it moved on the way there.

A season that happened. Nothing here predicts the next game, and none of it is advice.

Counted November 6, 2026.

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